Lee Raymond News

While TV viewers love to hear the words, “You’re Fired,” from Donald Trump, few would ever want to have that conversation with their own boss. That is, unless they are the boss and managed to negotiate a hefty separation package. So-called golden parachutes are contractual...

The Town of Westlake, Texas, might be best-known for being the home of the Jonas Brothers. But this Dallas suburb, where Buffalo roam the ranch land, is crawling with the rich and famous. Texas Rangers slugger Josh Hamilton has a house there, as does his boss, Rangers owner Chuck Greenberg. Vernon

Investigative journalist Tom Bower gathered firsthand information from sources all over the world, including politicians, corporate heads, and traders to compile the definitive history of oil. It is a story of high stakes and oil-exploring rivalries. Bower lays out the oil industry and its players

When the Exxon Valdez crashed into Alaska's Bligh Reef on March 24, 1989, the tanker began leaking its 54-million-gallon cargo of oil into the Prince William Sound. Before the leak could be contained, about a fifth of the ship's oil was spilled into the water, creating one of the worst

This may come as a surprise: some of America's biggest oil producers are calling for--take a deep breath now--oil conservation. "The world is not running out of energy resources," says a report chaired by executives of some of the world's...

This may come as a surprise: some of America's biggest oil producers are calling for--take a deep breath now--oil conservation. The world is not running out of energy resources, says a report chaired by executives of some of the world's...

Before Americans get too steamed at the oil companies for their multibillion-dollar profits, it might be worthwhile to take a hard look at oil-producing countries such as Saudi Arabia, Kuwait and Venezuela -- where the real money is earned. "It's the producers who make the lion's share of the